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I
agree with your "Three Notes-Kentucky Area News." Well
written. The politically connected horse industry is setting up for
a government bailout. This is an example where the horse industry profits
are privatized and the horse industry losses are socialized. The little
businessman takes all the risks with no government backup. The most
famous government intervention in behalf of business was 25 years ago,
when the Feds bailed out Chrysler Corporation which was facing bankruptcy.
Public financing for the arena is popping up again. Do you know of a
procedure whereby a citizen group can band together and "force"
a referendum? Otherwise, our free spending politicians will proceed
and spend the public's money.
I do believe that a supervisor should, within reason, be able to remove a
subordinate. However, particularly with public employees, the
supervisor should state the reason for removal. And Rebecca has
failed, or refused, to give particulars or state a valid reason.
Even in private industry, supervisors are rarely able to dismiss an
employee without giving justification. Rebecca should clarify and
comfort the public that the reason for dismal is not because of the way
Melinda brushes her hair, or because of the church that Melinda
attends, or (like Hillary Clinton and the travel office) because Rebecca
wants to replace a competent employee with a political crony.
Last comment on the Jefferson Review---I believe that Pat Pending has
patenting and pricing of drugs confused. The insurance companies are
not responsible for pricing and the patent protection of prescription
drugs. The pharmaceutical companies fight for retaining extended patent
protection so that pricing can be elevated. The reason given is
patent protection and pricing are necessary to fund drug research.
But the pharmaceutical companies do not ever say that dividends, stock
appreciation, and executive compensation are ever an issue in maintaining
extended patent protection.
I enjoy reading Jefferson Review.
Regards to all, Sheldon
(Editor’s
note: The article in last
week’s issue concerning drug prices may have been a bit confusing. It did not pertain to maintaining patents on drugs.
Instead, it involved the petition from the insurance industry to
change some drugs from requiring a prescription to being able to be sold
over the counter, without a prescription.
The same patents would be in force in either case.
The drug companies were opposed to being able to sell their drugs
without a prescription. The
question was why did they expect market pressures to force their prices
down substantially when selling over the counter as opposed to the price
they could charge when selling by prescription.)
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